# Neural Magic funding: rounds and investors

> Neural Magic has raised $45M across 2 rounds since 2019. Investors include New Enterprise Associates, Andreessen Horowitz and Pillar VC.

Source: https://millionrounds.com/company/neural-magic (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Neural Magic*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$45M** raised across 2 rounds since 2019, from 3 sources

**$15M** Seed **$30M** Series A

- **Latest round:** Series A, $30M Oct 2021
- **Led by:** New Enterprise Associates
- **Step-up i:** 2×
- **Investors:** 5 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021

**$15M** Seed

**$30M** Series A

- **First round:** Seed, $15M
- **Biggest round:** $30M
- **Between rounds:** 23 months

## The rounds

- **Oct 2021** Series A **$30M** *3 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Pillar VC](https://millionrounds.com/fund/pillar-vc) Reported by Pillar VC and 1 other
- **Nov 2019** Seed **$15M** *5 new* [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Pillar VC](https://millionrounds.com/fund/pillar-vc) [Amdocs Ventures](https://millionrounds.com/fund/amdocs-ventures) Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2019 **Series A** 2021 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Pillar VC](https://millionrounds.com/fund/pillar-vc) [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) L [Amdocs Ventures](https://millionrounds.com/fund/amdocs-ventures)

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds, led 1

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds

[Pillar VC](https://millionrounds.com/fund/pillar-vc) VC firm **2** rounds

[Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) Corporate VC **1** round, led 1

[Amdocs Ventures](https://millionrounds.com/fund/amdocs-ventures) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=neural-magic).

## Quick answers about Neural Magic

### Who invested in Neural Magic?

Neural Magic's investors include New Enterprise Associates, Andreessen Horowitz, Pillar VC, Comcast Ventures and Amdocs Ventures. New Enterprise Associates led its latest round.

### How much has Neural Magic raised?

Neural Magic has raised $45M across 2 rounds since 2019.

### When did Neural Magic last raise?

Neural Magic's most recent round was a Series A of $30M in Oct 2021, led by New Enterprise Associates.

### What was Neural Magic's biggest round?

Its most recent round, $30M in Oct 2021, is also its largest on record.

### Who backed Neural Magic first?

Neural Magic's first round on record, in Nov 2019, was backed by Comcast Ventures, Andreessen Horowitz and New Enterprise Associates and 2 others.

### What stage is Neural Magic at?

Neural Magic's latest named round is a Series A, in Oct 2021.

### Where is Neural Magic based?

Neural Magic is based in the United States.

### Who led Neural Magic's rounds?

Comcast Ventures led the Seed in 2019; New Enterprise Associates led the Series A in 2021.

## Companies like Neural Magic

In the same sector, and raised in the last eighteen months.

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